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| 04:03 AM | ||
| Users Online Now: 1,466 (Who's On?) | Visitors Today: 234,371 | |
| Pageviews Today: 380,210 | Threads Today: 143 | Posts Today: 2,508 |
| 04:03 AM | ||
I hope people realise its not gold that goes up and down in price. | |
| Anonymous Coward User ID: 1211827  United Kingdom10/07/2011 10:58 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 2708100  United States10/07/2011 11:15 AM Report Abusive Post Report Copyright Violation | If we had a gold backed currency gold and the value of money would remain constant. When the price of gold goes up its only done that because the value of currency has gone down. Quoting: Anonymous Coward 1211827 Uk has just printed another 75 billion in sterling so expect silver and gold to rise accordingly. The further currency goes down the higher gold will rise. Expect big rises soon in gold. . . . how can you "print" silver. I thought you DIG for silver (with a shovel and pick ax)  |
Burt Gummer
 User ID: 2721915 United States10/07/2011 11:36 AM Report Abusive Post Report Copyright Violation | If we had a gold backed currency gold and the value of money would remain constant. When the price of gold goes up its only done that because the value of currency has gone down. Quoting: Anonymous Coward 1211827 Uk has just printed another 75 billion in sterling so expect silver and gold to rise accordingly. The further currency goes down the higher gold will rise. Expect big rises soon in gold. ...but Bernanke is printing too.....so it MAY balance out for the short term. Last Edited by Useless Cookie Eater on 10/07/2011 11:36 AM |
| Anonymous Coward User ID: 1446888 United States10/07/2011 11:58 AM Report Abusive Post Report Copyright Violation | |
